ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Funds for the venture are raised from venture capitalists for growth of the business
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Funding through business loans or family/friends
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Create products and services that solve social needs and problems
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Company size and culture make innovation difficult to execute.
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Detailed explanation-1: -Scalable startup entrepreneurship A scalable startup is one that aims to become an extremely high growth, profitable company but is only just beginning. This startup model requires external capital and risk in order to create demand and company expansions.
Detailed explanation-2: -Venture capital provides funding to new businesses that do not have access to stock markets and do not have enough cash flow to take debts. This arrangement can be mutually beneficial: businesses get the capital they need to bootstrap their operations, and investors gain equity in promising companies.
Detailed explanation-3: -Scalable startup entrepreneurship They often receive funding from venture capitalists and hire specialised employees. Many of these businesses are technology-focused and seek rapid expansion and big profit returns. Examples of scalable startups are Facebook, Instagram and Uber.
Detailed explanation-4: -Series A financing is primarily used to ensure the continued growth of a company. The common goals in the series A round include reaching milestones in product development and attracting new talent.